Arkham Intelligence announced on May 12, 2026, that it is removing support for the TON blockchain from its on‑chain analytics platform. The move, cited as part of a regular review of chain integrations, was attributed to low user demand and the blockchain’s relative importance to the crypto ecosystem. No specific data on TON usage was provided, and no timeline was given for data removal or historical access. The platform will continue to serve other major networks.
The timing is surprising given TON’s recent performance. Just days earlier, Telegram founder Pavel Durov confirmed that Telegram would take over as the network’s largest validator, triggering a 20%+ single‑day price surge. The ecosystem is riding high: Telegram Wallet’s perpetual futures volume topped $1 billion in a month, TON processed nearly 67 million transactions in April, and the Catchain 2.0 upgrade slashed finality to 0.6 seconds and reduced fees by 6×. With over 900 million Telegram users now backing the chain, the decision to drop analytics support seems counter‑intuitive.
However, Arkham’s core value lies in entity labeling and fund tracking, built largely for EVM‑compatible chains. TON’s unique architecture, non‑EVM design, sub‑second block times, and deep Telegram wallet integration present a fundamentally different engineering challenge. Maintaining the same data quality on TON may have required disproportionate resources. The pullback, therefore, may reflect an internal cost‑benefit decision rather than a verdict on TON’s future.
From a price perspective, the token has seen a remarkable 120% climb in May, rising from around $1.90 to $2.30. Analysts are split. Szymanski sees a realistic cycle top near $5, dismissing a move to $50 this year, while a more aggressive analyst known as Fuel projects TON could enter the top‑5 and reach $50 before 2030, with a long‑shot scenario above $350 by decade’s end. Both highlight the importance of Telegram’s massive user base and ongoing fee reductions. For TON users, losing Arkham means a gap in cross‑chain whale tracking, though TON‑native tools like Tonscan already exist. The episode underscores a disconnect between TON’s on‑chain momentum and its presence in the Western analytics stack.
